I have a thousand suites in Shenzhen

Chapter 161 Desperate Niu Qiangdong
Zhou Mengdie didn't think much about it. When she got home, she told her parents that she was going to the United States for a business trip in a while.

Zhou Mengdie's parents looked at each other and asked, "Why are you suddenly going on a business trip to the United States? Does your company also have business in the United States?"

"Our boss plans to open a branch in the United States and will have many investment plans in the United States in the future." Zhou Mengdie said.

"How long will this business trip to the United States take? Besides you and your boss, is there anyone else?" Zhou Mengdie's mother asked again.

"Of course! We have a team of people going, at least a dozen of us!" Zhou Mengdie said.

"As for how long the business trip will last, that's not necessarily the case. I should finish the things there before I come back! It could be a month or two at least, or half a year at most."

"You have to travel for so long! Otherwise, you should just resign and not go to the United States." Zhou Mengdie's father said worriedly.

"Dad! How could you do this? I finally got this opportunity to go to the United States for a business trip. How can you ask me to quit my job?" Zhou Mengdie said unhappily.

"There is nothing better to do in the United States than staying in our country, staying in a deep town, and staying safe at home." Zhou Mengdie's father said.

"Mengdie! Your father is doing this for your own good, and our family doesn't lack your salary. It doesn't matter if you worked in Shenzhen before. At least you can go home and sleep every night." Zhou Mengdie's mother also advised.

"But now you are going to the United States for a business trip for a few months, half a year? How can you reassure us? The United States is very chaotic, and many people have guns at home. It is not as safe as in our country."

"Every year, there are so many people in China who want to go abroad to study and work. The first choice for many people is the United States. Now you are actually telling me how bad the United States is." Zhou Mengdie retorted.

"Although I don't think the United States is that good, it's not as scary as you say!"

"I just went there on a business trip with people from the company to work there for a period of time. It's not like I never came back once I left. Do you have such a big reaction?"

"If you do this again, then I will move out and never go home again. I will be so angry."

"I'm your daughter. I've grown up. I'm not your pet. I can't always be by your side. Do you want to tie me up with a rope? If you see me walking a little further, take the rope. Pull back."

……

Niu Qiangdong has been in Shenzhen for the past few days, looking for financing channels. He met with more than a dozen investors non-stop today, but got nothing.

Although he repeatedly lowered the valuation of his company, he still couldn't attract investors' interest.

Every investor is saying that they have no funds and are not considering any investment projects for the time being.

Last year, Niu Qiangdong received US$200 million in Series A financing, and the company's market value increased to US$6000 million.

After that, he led the company to make steady progress, learned from Anjing Online Supermarket, built its own logistics center, and conquered the city. The company achieved great development and achieved remarkable results.

However, the venture capital funds raised in the company's account were quickly spent because the company expanded too quickly.

Of course, if you have no money, you need to refinance. However, many investors who were optimistic about the development of Qiangdong Company before have backed down one after another. The reason is that the global financial crisis has come, and everyone has adopted the approach of cash is king and prudent investment. Strategy.

Niu Qiangdong was originally very confident, and his expected valuation of his company was as high as US$2 million.

But soon he was hit by reality. Many venture capital investors did not want to talk to him at all, thinking that he could not see the reality at all. The lion opened his mouth and regarded the venture capital company as a fool.

In the face of reality, after experiencing repeated setbacks, Niu Qiangdong could only lower his valuation expectations for the company again and again.

It has dropped from the peak of US$2 million to US$1.8 million, US$1.5 million, US$1.2 million, US$8000 million, and US$[-] million. Still no investors are willing to invest.

This caused Niu Qiangdong to suffer a major setback, and he almost doubted his life. When he complained to the major shareholder who invested last time, hoping to continue to receive investment, the major shareholder also said that he had no money.

In order to extend the life of Qiangdong Company, the major shareholder has privately lent money to Niu Qiangdong twice. The money was not borrowed from the company's account, but was borrowed privately, and Niu Qiangdong had to pay high interest.But each time there was only more than 100 million RM coins, which was simply a drop in the bucket. It could only solve the problem of paying wages to the company's employees, but it could not solve the big problem of the company's life and death.

Niu Qiangdong was so anxious that the corners of his mouth blistered. He was so anxious that he couldn't sleep at all at night. His hair turned white from the anxiety overnight.

If it is unable to raise funds, the company will have no choice but to die.

At this time, after being introduced by a friend, a securities investment fund company in Hong Kong became interested in Qiangdong Company. When asking Niu Qiangdong about his expectations for the company’s valuation, Niu Qiangdong hesitated for a moment and only dared to A quoted price of $6000 million was quoted.He was worried that the valuation was too high, so he immediately scared people away, and they were unwilling to talk to him anymore.

After rounds of negotiations, the other party was dissatisfied with the valuation of US$6000 million, and cut the valuation again and again until it was reduced to US$4500 million.

However, when Niu Qiangdong asked the major shareholder for his opinion, although the major shareholder was unhappy, he still asked him to agree to the other party's valuation quotation.

The most important thing now is to get financing to keep the company alive.

Just when Niu Qiangdong was about to formally sign a contract with the other party, a young and beautiful Miss Chen Xuejiao, who claimed to be the vice president of Hong Kong Hualong Investment Company, took the initiative to find him and expressed her willingness to invest in Qiangdong Company.

"I'm very sorry that you are late. I have found an investor and am about to leave to formally sign the contract." Niu Qiangdong shook his head and said.

Although the other party has cut the valuation to the lowest, Niu Qiangdong is also a little dissatisfied, but he is a person who keeps his promises. Since he has promised to the other party, he will sign a contract with the other party and accept the other party's investment, he will not break the contract midway.

"I know, but haven't you guys signed a formal contract yet?" Chen Xuejiao said with a smile.

"Although we haven't officially signed the contract yet, we have already negotiated and the conditions have been agreed. How can we break the contract temporarily?" Niu Qiangdong said with a wry smile.

"Then don't you want to hear our company's valuation of Qiangdong Company?" Chen Xuejiao said confidently.

"There's no need for that! Now that I've negotiated terms with other investment companies, I won't violate my credit and break the contract easily, even though we haven't signed a formal investment contract yet." Niu Qiangdong shook his head said.

"Okay! It seems that I am really late, so I can only wish you a smooth signing."

Although Chen Xuejiao said this, there was no expression of disappointment or regret on her face.

"But I still have to tell you something. Our company's valuation of Qiangdong Company is definitely higher than the valuation given by the other party." Chen Xuejiao did not leave immediately, but continued.

"Although Mr. Niu is a very trustworthy and contractual person, the other party may not be trustworthy with you."

"So you know, the other party will probably lower the valuation of your company again before formally signing the investment contract. Unless Mr. Niu is still willing to accept the other party's revaluation, I'm afraid Mr. Niu's signing today will not be very successful. smoothly."

"I have given Mr. Niu my business card. I hope to receive good news from Mr. Niu soon."

After Chen Xuejiao finished speaking, she left decisively and did not continue to pester Niu Qiangdong.

Niu Qiangdong originally thought that he had lowered his conditions to such a low level, with the valuation reduced from US$4500 million to US$[-] million. With such a low valuation, could the other party have any objections?

And this valuation is also the valuation given by the other party himself!Under such circumstances, could the signing of the contract not go smoothly?
Therefore, Niu Qiangdong thought that Chen Xuejiao was just being mysterious and even trying to sow discord.

But when Niu Qiangdong took his Qiangdong Company business negotiation team to meet with the team of a securities investment fund company in Hong Kong Island, they sat in the conference room and prepared to formally sign the contract.

A certain securities investment fund company in Hong Kong suddenly went back on its word and wanted to reduce the valuation of Qiangdong Company from US$4500 million to US$3000 million. Niu Qiangdong was so angry that he almost cursed.

"I'm sorry! I object. The valuation of US$4500 million is the price paid by you yourself. Both parties have already negotiated the terms. Unexpectedly, before the formal signing, you suddenly lowered the valuation of US$4500 million to 3000. Ten thousand dollars, you are so dishonest and do not respect the spirit of the contract at all, so I refuse to cooperate with your company, and I also refuse to accept investment from your company."

Niu Qiangdong endured his anger and stood up to object.

"Mr. Niu! I know this is indeed a bit too sudden, but under the current situation, we have no choice. We must reduce expenses. It is already rare to be willing to invest in your Qiangdong Company. 3000 million The valuation of the U.S. dollar is already not low, so how can we say that our company is not trustworthy?" said the head of the negotiation team of a securities investment fund company.

"If we really don't have credit and have no spirit of contract, then we won't invest a penny in you."

"What you are doing is simply an insult to our Qiangdong Company. I would rather Qiangdong Company go bankrupt than accept this kind of humiliation from you."

After Liu Qiangdong finished speaking, he said to the people he brought: "Let's go! We don't want this investment.

After everyone walked out of each other's company, Niu Qiangdong, after venting his anger, had to face reality and start thinking, what should we do next?

(End of this chapter)